Posted on 12/12/2022 9:19:34 AM PST by JV3MRC
The ABC, CBS and NBC evening news networks chose to whitewash news that the world’s second largest investment firm left a woke “climate alliance” of elitist money managers.
Financial Times reported Dec. 7, that Vanguard Group departed from the Net Zero Asset Managers (NZAM) initiative, “the main financial alliance on tackling climate change.” The Times said that Vanguard cited “investor ‘confusion’ amid increase in criticism from Republicans” as the reason behind the defection.
In November, 13 Republican attorneys general led by Utah Attorney General Sean Reyes “filed a rare motion” asking the Federal Energy Regulatory Commission (FERC) “to prevent” Vanguard from “purchasing shares of publicly listed utility companies due to its particular obsession with environmental, social and governance (ESG) investing. NZAM members reportedly committed to “achieving net zero carbon emissions by 2050.”
NBC Nightly News, ABC World News Tonight and CBS Evening News ignored the story during their Dec. 7, Dec. 8 and Dec. 9 evening broadcasts.
(Excerpt) Read more at newsbusters.org ...
YIPPEE!!!
NBC Nightly News, ABC World News Tonight and CBS Evening News actually do profit from their support for the woke scam, so it doesn't surprise me one bit that they chose to ignore Vanguard's departure from the woke scam.
Thus, it shouldn't surprise anyone else, with a functioning brain, either.
NZAM -— they misspelled NAZI
fedgov investigation in 3..2..1
Vanguards just realized that the Declaration of being in the climate Alliance means that they could be sued in court civilly and prosecuted by the SEC for failure to uphold their duties under fiducial accountability laws which would result in their liquidation
Half of the 25 % exposed to the truth don't believe it or are unmotivated to fight back.
The “big” 3 are adept at ignoring what they don’t want known. The Twitter files come to mind.
Often times blacking out information can be as effective as reporting it.....even more so when they refuse to talk about the biden crime cartel.
ESG = Corporate Fiduciary Negligence
No accolades for doing the right thing, but it’s still a good turn of events. Im glad a bunch of red states have started pulling pension funds out of these big Evil Three.
Go woke, go broke
Perhaps you are referring to the ESG-obsessed asset managers like BlackRock, State Street and JPMorgan Asset Management, is that what you are referring to?
As far as I know, only DeSantis has made news regarding pension funds not being allowed in ESG funds:
Gov. Ron DeSantis moves to prohibit state investments in 'woke' agenda
I know of no one who has pulled funds from these companies who invest in ESG BS, but then again I do not know everything going on, and it's hard for me to keep up on everything. It's very easy to miss something, for sure.🙂
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